World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Overnight trading saw the start of a modest recovery at the CBOT with corn finishing 3.5 cents higher, soybeans up 5.75 cents and wheat gaining 3 cents. Weather forecasts late Thursday afternoon/evening issued a notably drier outlook for the eastern Corn Belt that poses some threat to the struggling corn and soybean crops there. Combined with technical indicators that were approaching oversold levels, cautious commercial and fund buying gave the markets a boost. The day session featured more of the same with the major ag commodities (except livestock) finishing in the green. The only real factors pushing the markets higher were technical buying at major support points and the return of weather worries for the U.S. crop. Activity was n...

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Related Articles
feed-grains soy-oilseeds wheat

PM Post - Heading into Season Lows

THE OPEN November beans:  1 higher December meal:  .20 higher December soyoil:  1 higher December corn:  1/4 higher September wheat:  3 lower The markets opened with short-covering in corn and beans.  Profit-taking in oilshare was noted with beans stabilizing on a...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  The biggest trends in the EU/Black Sea wheat markets this week are the fact that the Russian crop continues to grow while EU crop forecasts are being continually lowered. Russian wheat yields are defying their typical pattern of decreasing as harvest progresses. This year, e...

feed-grains soy-oilseeds

Mercosur Regional Analysis

Corn Argentina’s corn harvest is coming to an end, per the Buenos Aires Grain Exchange. The yield averaged 8.1 MT/ha and total production came in at 50 MMT. This is the first time that corn production exceeded soybeans in Argentina. This year’s harvest progress was also very quick,...

feed-grains soy-oilseeds wheat

PM Post - Heading into Season Lows

THE OPEN November beans:  1 higher December meal:  .20 higher December soyoil:  1 higher December corn:  1/4 higher September wheat:  3 lower The markets opened with short-covering in corn and beans.  Profit-taking in oilshare was noted with beans stabilizing on a...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  The biggest trends in the EU/Black Sea wheat markets this week are the fact that the Russian crop continues to grow while EU crop forecasts are being continually lowered. Russian wheat yields are defying their typical pattern of decreasing as harvest progresses. This year, e...

feed-grains soy-oilseeds

Mercosur Regional Analysis

Corn Argentina’s corn harvest is coming to an end, per the Buenos Aires Grain Exchange. The yield averaged 8.1 MT/ha and total production came in at 50 MMT. This is the first time that corn production exceeded soybeans in Argentina. This year’s harvest progress was also very quick,...

feed-grains soy-oilseeds wheat

Technical Views - Lower Into Report

SPREADS Oct. crush to 94.02c/bu while oilshare is at 35.20%.  Sep/Dec corn trades from a low of 13c into 11 1/2c on heavy volume.    Dec/Dec corn trades from 38 3/4c from 40c carry.  Sep/Nov beans trade from 1 3/4c out to 2 1/2c.  Sep /Dec wheat trades from 7 3/4c out t...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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